I am the Rhode Island State Coordinator for the Progressive Democrats of America. My primary interest is Rhode Island's economy and what we can do to fix it.

3 responses to “RI – What Went Wrong: Tax Cuts for the Affluent”

  1. RoundHouseLeft

    “The real devastation from income tax cuts for the rich, though, comes from the spending cuts and property tax hikes that offset them”

    OK.  NOW we are getting somewhere.  We are almost….almost home.  See don’t forget, RI passed 3050, the property tax CAP at the same time as the flax tax so in effect – you doubled down on austerity right at the dawn on the pre-crash recession and then BOOOOOOOM.

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  2. turbo

    “Income tax cuts for the wealthy at the national level provide mild, if inefficient, stimulus ” Ah, no. 

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  3. RI’s tax cuts for the rich were 2nd biggest of decade

    […] Island’s tax cuts for the rich were even bigger. From 2006 to 2010, Rhode Island slashed the top marginal income tax rate for the rich by 3.91 points. That’s compared to 2.55 points in […]

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